How to Buy Origin Materials Stock
Origin Materials Inc
Micromidas, Inc. , doing business as Origin Materials, produces and commercializes plant-based PET plastic.
Origin Materials stock last closed at $0.71, up 1.73% from the previous day, and has decreased 81.5% in one year. It has underperformed other stocks in the Chemicals industry by 0.99 percentage points. Origin Materials stock is currently +59.5% from its 52-week low of $0.44, and -86.01% from its 52-week high of $5.04.
As of Apr 26, 2024, there are 145.92M ORGN shares outstanding. The market value of ORGN is $102.87M. In the last 24 hours, 1.11M ORGN shares were traded.
How to Buy Origin Materials Stock
Not sure how to invest in Origin Materials stock? Here's how.
- Decide where to buy Origin Materials stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you decide where to buy Origin Materials stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Select your method of payment and add your info.
- Evaluate Origin Materials stock: The Origin Materials ticker symbol is ORGN. Is Origin Materials stock a good investment? Should you buy shares of ORGN? How do ORGN's underlying business fundamentals look? Do top analysts think Origin Materials is a good buy? Why has ORGN's stock price moved recently? (Hint: Our stock research website can help you understand if ORGN is a good stock to buy).
- Make your ORGN buy order: Decide if you will purchase ORGN shares at the current market price or use a limit order to purchase ORGN stock at a specific price.
- Keep an eye on your ORGN investment: Create a watchlist to track your position in Origin Materials stock.
Step 1: Decide where to buy Origin Materials stock
You will need an online brokerage account to access the NASDAQ market and buy ORGN shares.
Our favorite brokerage: eToro
In our opinion, eToro is the best brokerage. eToro gives you:
- Invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
- Access to world financial markets: From Technology to Energy, New York to Shanghai — you can fill your portfolio with stocks from the world's top exchanges.
- Social investing: eToro boasts a community of more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your stock purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've picked your brokerage, it's time to fill out some personal information so you can buy ORGN stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to create your new trading account.
- Send your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have filled out your info on a investment app, you can securely and quickly fund your account:
Watch the tutorial below for more details depositing money into your new brokerage account.
Step 4: Evaluate Origin Materials stock
Once you have selected the best place to buy Origin Materials stock, it's very important to evaluate their stock prior to investing, so you can understand the risk and opportunity.
Origin Materials quick stats
Origin Materials Fundamentals
WallStreetZen was created to help average investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on ORGN's stock page.
Is ORGN stock undervalued?
You can use many financial metrics, analyses, models, and charts to gauge ORGN's true value.
Using relative valuations methods:
- ORGN could be undervalued based on its P/E ratio of 4.15x, relative to Chemicals industry P/E ratio of 22.62x
- ORGN could be undervalued based on its P/B ratio of 0.24x, relative to Chemicals industry P/B ratio of 1.97x
You can access more valuation research on ORGN's stock here.
A look at ORGN Cashflows and Balance Sheet
Passed Health Checks:
- ORGN has a low debt to equity ratio of 0.09.
- Total ORGN debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the ORGN balance sheet.
- There are more short-term assets than long-term liabilities on the ORGN balance sheet.
Failed Health Checks:
- ORGN has cash burn of 162543000. It does not have sufficient cash and short-term investments to cover this.
- ORGN has $158.26M in cash and short term investments. This is not enough to cover its annual cash burn of $162.54M.
You can dive deeper into what analysts are projecting on the Origin Materials stock forecast page.
ORGN Technical Indicators
ORGN Performance Metrics
Last year, ORGN earnings were $23.80M. During the last 2 year, ORGN's earnings have gone up by -36.38% per year. This was slower than the Chemicals industry average of -9.2%.
You can analyze ORGN's earnings and revenue performance here.
Who is buying/selling ORGN?
Over the last year, executives and large shareholders at ORGN have bought more shares than they have sold.
Richard J. Riley, CO-CEO AND DIRECTOR of ORGN, was the latest ORGN insider to buy. They bought $56,000.00 worth of ORGN shares on Mar 5, 2024.
Get more info about who owns ORGN shares here.
Can I get consistent income from ORGN stock?
No, Origin Materials doesn't provide an income stream by paying out dividends.
What do other investors have to say about ORGN?
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Make your ORGN buy order
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually the easiest way to buy. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount, use a limit order.
Hit the Open Trade button and your broker will execute the order.
If you require more help with investing in stocks on eToro, click the how to video below:
Step 6: Keep an eye on your ORGN investment
Now that you own some ORGN shares, you'll want to keep up with your new investment.
Start a watchlist to get notified of the latest news about your ORGN stock.
ORGN Feed
How to Buy Stock in Origin Materials
To summarize, here are the 6 steps you need to take to buy Origin Materials stock right now:
- Decide where to buy Origin Materials stock
- Create a brokerage account
- Put funds into your investment account
- Evaluate Origin Materials stock
- Make your ORGN buy order
- Keep an eye on your ORGN investment
If you require a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to watch your investment in Origin Materials, create your watchlist below.
Other "How To" Guides You Might Find Useful
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.